MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Retraction of Slide in Presentation, page-13

  1. 587 Posts.
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    For those wanting a more realistic comparison for iM3NY, I would suggest looking at Freyr.

    Freyr is not as advanced, does not have binding offtakes, is not due for production until 2023 (pilot plat planned for H2 2022), however have over $600,000,000 as cash at bank.

    iM3NY have biding offtakes, due for automated production H1 2022, though have a comparatively small position of approx $80,000,000 cash at bank.

    Freyr current market cap = $1.3 billion
 
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